Strategic Business Ecosystem – going beyond Strategic Planning
Posted: Mon Jan 20, 2025 3:51 am
“In addition to having Strategic Planning, it is necessary that the Ecosystem in which the strategy will be executed is conducive to agile and effective implementation.”
We all know that there is no point in having a Strategic Plan without implementing it. Why are some companies more successful than others in this journey? There are many factors that influence the success of a strategy, but without a doubt some of the most relevant are presented by the internal situation of the company, the engagement of the teams and the corporate environment in the broad sense. We can translate this as the “Strategic Business Ecosystem”.
Considering that ecosystem means the system where one lives , the set finland phone number list physical, chemical and biological characteristics that influence the existence of an animal or plant species , we will borrow this concept and apply it to the corporate environment.
Strategic Planning is nothing more than a set of initiatives that, if executed according to defined priorities, will lead the company to achieve the desired results. So far so good, but what can affect the implementation of this plan?
Many factors influence the execution of the outlined Strategy: culture , policies, decision-making process and skills are some examples.
A new strategy presupposes changes in the way a company operates, and the secret to making them happen is to identify which ones are essential so that the environment is fertile for its development.
Strategy is not a single element, but rather a part of a business ecosystem in which many parts are connected, and preparing this ecosystem to execute what has been planned is a crucial factor in the success of a strategy.
It is difficult to establish hierarchies and importance in management areas, as they all have their value and need to be developed. That is why having a strategy to guide the organization is so important. It will help identify the priorities and intensity of changes and in which areas they should occur.
That said, the secret to a strategy being successfully implemented is to build a fertile ecosystem that is conducive to the development of initiatives and the consequent evolution of the business .
Developing the strategic business ecosystem
But what are the elements of this ecosystem? Just as the system in which we live has physical, chemical and biological characteristics, in business organizations there are issues of various natures such as operational, cultural and political, for example.
Each company must develop its ecosystem and prepare it to receive and accept the innovations proposed in Strategic Planning.
Let's suppose that a company has just completed its Strategic Planning cycle and has obtained new guidelines related to Sustainability, Technology and People.
We all know that there is no point in having a Strategic Plan without implementing it. Why are some companies more successful than others in this journey? There are many factors that influence the success of a strategy, but without a doubt some of the most relevant are presented by the internal situation of the company, the engagement of the teams and the corporate environment in the broad sense. We can translate this as the “Strategic Business Ecosystem”.
Considering that ecosystem means the system where one lives , the set finland phone number list physical, chemical and biological characteristics that influence the existence of an animal or plant species , we will borrow this concept and apply it to the corporate environment.
Strategic Planning is nothing more than a set of initiatives that, if executed according to defined priorities, will lead the company to achieve the desired results. So far so good, but what can affect the implementation of this plan?
Many factors influence the execution of the outlined Strategy: culture , policies, decision-making process and skills are some examples.
A new strategy presupposes changes in the way a company operates, and the secret to making them happen is to identify which ones are essential so that the environment is fertile for its development.
Strategy is not a single element, but rather a part of a business ecosystem in which many parts are connected, and preparing this ecosystem to execute what has been planned is a crucial factor in the success of a strategy.
It is difficult to establish hierarchies and importance in management areas, as they all have their value and need to be developed. That is why having a strategy to guide the organization is so important. It will help identify the priorities and intensity of changes and in which areas they should occur.
That said, the secret to a strategy being successfully implemented is to build a fertile ecosystem that is conducive to the development of initiatives and the consequent evolution of the business .
Developing the strategic business ecosystem
But what are the elements of this ecosystem? Just as the system in which we live has physical, chemical and biological characteristics, in business organizations there are issues of various natures such as operational, cultural and political, for example.
Each company must develop its ecosystem and prepare it to receive and accept the innovations proposed in Strategic Planning.
Let's suppose that a company has just completed its Strategic Planning cycle and has obtained new guidelines related to Sustainability, Technology and People.